According to the report analysis, ‘Indonesia Logistics And Warehousing Market By Sector (Freight Forwarding, Warehousing, Vas), By Domestic And International Services - Outlook To 2021’ states that some of the major companies which are currently functioning in this domain in an auspicious manner for defeating the demand of the potential consumers which includes PT. Yusen Logistics, Ceva Logistics, Agility Logistics, Trans Pratama Logistics, JNE, DHL, FedEx, Keppel Logistics, TNT Express, Maersk Line, PT. Wahana Cold Storage, PT. Mega International Sejahtera, PT. POS Indonesia and several others. Moreover, the freight forwarding market has witnessed a significant growth in the past years with a growing CAGR. The road freight has the wide share due to the huge number of deliveries that take place by road. The Airfreight market in the logistics of Indonesia had the second largest share in the country in the freight forwarding market and is growing at a positive CAGR whereas, the sea and rail freight was also increased significantly during the period 2011-2016.
The logistics market in Indonesia is dominant with the development in the technology and it is a combination of shipping and international freight forwarders along with the courier servers majorly indulged in land transportation and total logistics facilities providers that control a multimodal transport model. Moreover, the key players are revolving into 3PL and adopting the latest technologies for developing their market share. Furthermore, with the growing demand, the Indonesian logistics market is having a significant number of warehouse service provider as the logistics industry majorly include activities likewise the storage, freight management, transportation and handling damage claims and several others. Whereas, the standard freight management includes management of items and thereby quality warehouses are required. The industry of warehousing has been playing an essential role in facilitating trade processes involving physical capital and lead the growth of the logistic market more effectively in the recent era.
The express delivery market in logistics has accounted for a tremendous growth in recent past years with an effective CAGR in Indonesia. Moreover, this sector in logistics is going to increase owing to the rising prominence of online shopping, an increase in international cross-border trade, elevated e-commerce industry and shopping online for perishable goods. In Indonesia, the Air Express logistics has encountered an effective share with the significant earnings due to the major international shipments falling in this category. The major players of express logistics in Indonesia involve DHL Express, First logistics, JNE Express, and FedEx.
The third-party logistics in Indonesia has accounted a significant growth in the recent past years with the positive growth in CAGR during the period 2011-2016. In terms of revenue, this sector of the logistics market increased owing to 3PL outsourcing gaining significant importance in the region. Whereas, the leading companies of this sector in logistics market of Indonesia are working actively for attaining the huge amount of share which includes Combi Logistics, CEVA Logistics, APL Logistics, Kerry Logistics, and several others.
The effective working of key players and adoption of latest technologies with the effective strategies and policies in the respective sector of the Indonesian logistics market will lead to significant growth in the forecasted period over the decades.
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